Sonos Inc Stock Pattern Recognition Three Line Strike

SONO Stock  USD 13.49  0.01  0.07%   
Sonos pattern recognition tool provides the execution environment for running the Three Line Strike recognition and other technical functions against Sonos. Sonos value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Three Line Strike recognition function is designed to identify and follow existing trends. Sonos momentum indicators are usually used to generate trading rules based on assumptions that Sonos trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eight with a total number of output elements of fifty-three. The function did not return any valid pattern recognition events for the selected time horizon. Sonos Inc Three-Line Strike is one of pattern recognition indicators that helps to determine continuation of Sonos trend.

Sonos Technical Analysis Modules

Most technical analysis of Sonos help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sonos from various momentum indicators to cycle indicators. When you analyze Sonos charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Sonos Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sonos Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonos Inc based on widely used predictive technical indicators. In general, we focus on analyzing Sonos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonos's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Sonos's intrinsic value. In addition to deriving basic predictive indicators for Sonos, we also check how macroeconomic factors affect Sonos price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2022 2024 (projected)
Days Sales Outstanding21.0810.714.9
PTB Ratio3.173.493.18
Hype
Prediction
LowEstimatedHigh
11.1113.4815.85
Details
Intrinsic
Valuation
LowRealHigh
12.1416.5618.93
Details
Naive
Forecast
LowNextHigh
10.2912.6715.04
Details
6 Analysts
Consensus
LowTargetHigh
18.2020.0022.20
Details

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When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonos. If investors know Sonos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.123
Earnings Share
(0.31)
Revenue Per Share
12.32
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.03)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonos' market value can be influenced by many factors that don't directly affect Sonos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.